2012-12-07
2012-12-07
x geico

STATION
MSNBCW 6
CNNW 5
CNBC 4
LANGUAGE
English 16

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. stay with me. it is basically weird. on tuesday, the senate rejected a u.s. treaty aimed at protecting the rights of disabled people around the world. it is modeled on the americans for disability act. 125 other countries ratified it but in the full senate 38 republicans voted no leaving it 5 votes short of ratification. what we learned today is that some of the very same senators actually supported the treaty before they voted against it. some even pledged their support publicly. senator roy blunt of missouri was a flip flopper and kay bailey hutchison and jerry moran of kansas. they all declined to come on the program. they're silent. senator moran was a cosponsor of the measure to ratify the treaty and put a press release back in may proclaiming support for the treaty. i want to show you something else. here's senator moran with former senator bob dole in june. dole, a war veteran, a listening time supporter of disability rights and advocate of this treaty. just before tuesday's vote, he came to the senate chamber, 89, frail in the wheelchair and thought it was that important to be

friend from the technical world joining us moments in the second hour of "the closing bell." >>> and it is 4:00 p.m. on wall street. i'm mandy drury sitting in for maria bartiromo. this is where we're finishing the day on wall street. we're also finishing out the trading week as well. the nasdaq has been the underperformer all day because of apple. still sitting below 3,000. the dow managing to finish 80 points higher. the s&p 500 also stretching its legs, up by four points. bill, you're back. >> of course. we've just started without you here, mandy. i'm bill griffeth. let's find out who made money on wall street. i'm still getting dressed here. ralph is our mentor here. and there's our own rick santelli. so we just got started here. what do you think of this market? >> i'm ecstatic. >> you're ecstatic? >> yes. >> is that beyond bullish? >> yonbeyond bullish. if bad news can't take you down, that's good news. for the past couple weeks, that's all we've been getting. and the market is working its way higher. it's not only in the states. it's around the world whether it be ho

're very excited about it. >> dan, thank you. thanks for the work you're doing. appreciate you joining us today. have great weekend, everybody. right now it's time for "squawk on the street." >> up 146,000, that's the jobs numbers for november. unemployment at 7.7. that's the lowest in exactly four years. good morning. welcome to "squawk on the street." i'm carlos gutierrez with jim cramer, david faber and melissa lee. questions remain about the internals. europe is reacting to a miss on german industrial production and some reports at least that some ecb members favored a rate cut yesterday. our road map will go like this. that puzzling jobs number beating virtually every wall street estimate as the labor department says sandy had only a minimal effect. is it true a clean number and what are conspiracy theorists saying. >>> a comment hastings made last july. what does it say about s.e.c. rules and whether they are out of date. >> mcdonald's will post same store sales on monday gets an upgrade to buy taking the forecast to a street high after surveying franchisees. we begin with november

of the rebel fighters here. this is our country, our homes that are being destroyed, he tells us. he used to sell thread. now he runs logistics for his unit. so what he is explaining to us is that this was street to street fighting, and it took his unit quite some time to advance and right now they have the tractor here because they're trying to clear out this road so that ambulances and vehicles can begin to move through. >> blankets hang across one alleyway to block government snipers' line of sight. the shooting is coming from there, the sniper, one of the fighters points out. they take us further forward. crawling through holes punched between buildings. they're just telling us that it's because of the snipers that they have to move through the various buildings like this. it's an urban version of first world war trenches. they etched forward by just one block. going any further is back breaking work. a rebel dashes down the street carrying a makeshift rocket launcher. it's a plastic tube. he later displays the rocket. this is a homemade rocket that was manufactured by the fighters th

number is improving? >> well, because the risk the president wants us to take, increasing tax rates, will hit many small businesses. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat. >> plus, go on. >> south carolina senator jim demint is dequitting. >> run stephen, run. >> you want somebody young, conservative, from south carolina. maybe who has super pac pointing -- wait a second. ♪ >> thank goodness it's friday and it's a busy one at that. we have breaking news. within the last hour, the supreme court has announced that it will for the first time take up appeals on same-sex marriage. hearing cases on the defense of marriage act and california's proposition 8. much more on that in a moment, and the busy week ends with some good news for america's workers and the president. a little christmas cheer some early. the u.s. economy generating a stronger than expected 146,000 new jobs in november helping trim the jobless rate to 7.7%. a four-year low. happy holidays, right? not if you're john boehner. >> this isn't a progress report beca

of the same. it is time for the -- president, if he is serious to come back to us with a counteroffer. >> mr. speaker, the jobs report indicated unemployment is down roughly a palm point from this time last year. lot of folks in business communities say no deal is going to happen, it could obviously burn american jobs prospects. where are a the jobs? they seem to be coming along. why take such a risk when the jobs number is improving? >> well, because -- the risk the president wants us to take increasing tax rates will hit many small businesses that produce 60% to 70% of the new jobs in our country. that's the whole issue here. >> what would it -- >> whoa, whoa, whoa. violating the rules. >> mr. speaker, the president was absolutely ready for the economy to go off the cliff if he doesn't get higher income tax rates. what's your reaction? >> i think that's reckless talk. >> you said before the election you would be able to prevent tax hikes on all americans said flatly taxes are not going up. do you still believe that to be the case? >> listen, raising tax owes small businesses is not going t

with us tonight. thanks so much. that's "the ed show." i'm ed schultz. the "rachel maddow show" starts right now. ezra klein filling in for rachel tonight. >>> good evening, i'm ezra klein. rachel maddow has the night off. well deserved. we appreciate you sticking around for the next hour on a very, very big night in the news. there is an enormous story about the rights of workers tonight in the state of michigan. it's seriously astonishing stuff. we'll get very deep into it. but there is another equally if not more seismic political story tonight out of washington. and that is where we begin. today will be seen, remembered, as a huge day in the republican party's continuance of war. something really big happened. south carolina senator jim demint announced today he'll be leaving the senate. he'll not be there anymore. he's leaving to head a think tank called the heritage foundation where he stands to make something like ten times his current salary. yay for jim demint, good money. kind of. it's good for him, but it's really good for his colleague, republican senate leader mitch mcconn

into that coming up. we're still looking for a deal on capitol hill, surprise, surprise. all to keep us from going over the fiscal cliff. just in case, though, we've got some experts on happened to help you protect your money. here's how we stand right now, though. it's been a generally positive day for some of the blue chip averages. the dow among them. up 57 points right now, near the highs of the session at 13,003 and change. the nasdaq continues lower. you can blame apple. technology suffering as a result today, down 12 points right now at 2977. the s&p is up 2.25 points at 1416. with less than an hour to go in the trading week, another week without a deal to avoid going over the fiscal cliff. while today's positive jobs report did give markets a boost early on, it wasn't enough to get a significant rally going and to continue it on. so what's it going to take to get some conviction back in this market? >> that's in today's "closing bell" exchange. gentlemen, great to have you joining us here on "closing bell." i think bill pretty much cede it. what is it going to take to get conviction back i

a chance to watch it and join us on twitter as we have this conversation. we talk to newark mayor, cory booker on that food stamp challenge, connie mack and mary bono mack will be with us as well. gabby douglas has a new book out and adam lambert as well. cnn "newsroom" with don lemon starts now. >> you can tell it's friday because you guys are out of control. have a great one, soledad. i'll be watching. >> thank you. >> "who's black in america" as well. november numbers. new jobs report now out. and it's surprise. what role could it play in the fiscal cliff negotiations? >>> major earthquake rattles nerves and shakes buildings in japan in the same area as nearly two years ago. >>> fiscal cliff for air travelers, ground your trip or compromise air safety. >>> be careful what you write on review websites. one woman is being sued for almost $1 million for posting a nasty review online. find out which side the judge is taking. taking. "newsroom" begins right now. -- captions by vitac -- www.vitac.com >>> good morning. thanks for joining us. i'm don lemon in for carol costello this morning.

say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for

expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the rest of the issues we need to sort out we can hash out over the next few weeks before we reach december 31st. >> issues like entitlement reform? >> well, issues like making sure we can pass a balanced approach to defi

raises a few eyebrows. causes some finger pointing and reminds us of the multibillion-dollar campaign we just went through. good morning from new york city. it's friday, december 7th, 2012. this is "the daily rundown." i'm chuck todd. you should always remember this is a day that lives in infamy and if you don't know why, ask your parents or your grandparents to explain. let's get right to my first reads of the morning. as the republican party picks up the pieces and searches for the next generation of leaders, one of the conservative movements most influential icons of late and inside the senate, south carolina's jim demint, stunned his colleagues by resigning to become a full-time political activist. in effect, the ceo of the conservative movement. just two years into his second term demint is leaving the senate to become president of the heritage foundation where he was greeted yesterday with a standing ovation. >> this literally feels like i just walked in the front door of my own house. this organization is in a position to do more to save our country than any organization that i'm

to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses that produce 60 to 70% of the new jobs in our country. that's the whole issue here. >> on the fiscal cliff front, no new deals or concessions made public, but "the new york times" reports the dynamic has changed. at the request of speaker boehner, senate leaders and nancy pelosi have been dismissed from the negotiating table. leaving just the speaker and the president to hammer this one out. today vice president biden is hosting middle-class families at the white house, continuing to pressure congress to strike a deal on tax rates below 250,000. yesterday, the president struck a hopeful note with a middle-income family in virginia, while maintaining a hardline on negotiations. >> the message that i think we all want to send to members of congress is, this is a sovble problem. i'm not going to sign any package that somehow prevents

down shop. thank you for being with us tonight. go to gretawire.com. there is a lot going on. go to gretawire.com. good night. tomorrow night, 10:00 p.m. eastern. . strike, trouble, trouble people. sorry. >> bill: the o'reilly factor is on. tonight. >> it is freezing cold out and he has the heart to say god bless me. and i just knew i had to help him. >> bill: a new york city police officer buys the homeless man some warm boots. wait until you hear the story surrounding the homeless guy. this is not what it appears to be. >> president obama met with leaders of the american indian tribe and they honored the president by giving him his own indian name running deficit. [ laughter ] >> the nation's debt is no laughing matter. lou dobbs will tell you why we are all in grave danger because of out-of-control government spending. three wise men, what did they do? >> jesse watters quizes the folks about christmas. >> they brought frankincense, miles an mur and. >> baby diapers? >> a wild wild waters world upcoming. >> caution, you are about to enter the no spin zone from california. facto

in the swing states. probably why he won. but you would say he didn't live up to the prams that he gave us four years ago. what does he have to do now? he can't face another election. what do you want him to do to show fulfillment of that promise? >> i think what i want him to do and what i think needs to be done are to some degree separate things but i do know that we have had a lot of programs, government-funded program that is represent both sides of the aisle. both sides want everything they want and found a way with this congress over the last several years to get much of what they want and we bought it on credit. and the time has come, because we have enormous debt and raise taxes and pay the bill. >> my gut feeling is, i think the argument of the moment, see the republicans pushed in to this impossible situation for them to win where two thirds of americans in the polls are quite happy for the rich 2% to be taxed more and the republicans boxed themselves in to a position come january 1st they might be allowing all the middle class taxable to try to save the skins of americans. that won't

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